Absolute Net-Leased
New
For Sale
$2,600,000
206 N Main St, Kenansville, NC 28349
Recently renewed lease with scheduled 10% increases and extension options supports long-term occupancy.
Property Size1,322 SF
Days on Market3
Property Features for 206 N Main St
General Information
Standard status
Active
Size
1,322 SF
Property subtype
Retail
Building Details
Building Size
1,322 SF
Listing Agency:
CP Partners
(415) 274-2715
Listed By:
John Andreini · License #CalDRE #01440360
Source:
Cppcre
Added: Aug 16
Changed: Aug 17
Last Checked: Aug 18 at 6:15AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CP Partners
Investment Insights
Based on property information with market context.
This property is subject to a recently renewed 15-year absolute net lease. The agreement provides 10% rental increases every 5 years during the base term and available options, establishing a defined escalation schedule over the lease period.
The occupant is a wholly owned subsidiary of 7-Eleven, Inc. The parent company carries an “A” credit rating from S&P and is ranked #162 on the Fortune Global 500 list. The property is located at 206 N Main St in Kenansville, North Carolina.
The occupant is a wholly owned subsidiary of 7-Eleven, Inc. The parent company carries an “A” credit rating from S&P and is ranked #162 on the Fortune Global 500 list. The property is located at 206 N Main St in Kenansville, North Carolina.
Key Highlights
- Recently renewed 15‑year absolute net lease
- 10% rental increases every 5 years throughout the base term and options
- Tenant is a wholly owned subsidiary of 7‑Eleven, Inc.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
429
Businesses Nearby
55k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 35%
Groceries 33%
Dining 30%
Electronics 2%
Food Lion Grocery Store
Groceries
14,515 visits/mo
0.5 miles
Hardee's
Dining
9,630 visits/mo
0.4 miles
Dollar Tree
Shops & Services
7,174 visits/mo
0.4 miles
Speedway
Shops & Services
7,033 visits/mo
0.3 miles
7-Eleven
Shops & Services
4,242 visits/mo
0.3 miles
Demographics for 28349, NC
3,070
Population
1,798
Households
1.7
Avg Household Size
45
Median Age
22%
College-Educated
86%
High-School Grad
66.1 sq mi
ZIP Area
46
Density / Sq Mi
$63,903
Median Household Income
$35,751
Median Earnings
$861
Median Rent
$106,700
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Recently renewed lease with scheduled 10% increases and extension options supports long-term occupancy.
Where is this nnn property located?
The property is located at 206 N Main St Kenansville, NC.
What is the asking price?
The asking price for this property is $2,600,000.
What are key features of this property?
This property features: Recently renewed 15‑year absolute net lease; 10% rental increases every 5 years throughout the base term and options; Tenant is a wholly owned subsidiary of 7‑Eleven, Inc.
